Industry
Industry ESS News
Industry ESS News

In the rapidly evolving energy storage sector, announcements and updates come thick and fast. From acquisitions and funding to new business models, the industry is growing and maturing by the day.

The number of gigafactories breaking ground has soared in recent years as the global rush to develop lithium-ion battery production capacity continues.

In parallel, there is a pressing need to develop a circular economy in the sector but also many open questions regarding safe and efficient recycling.

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Sodium nickel chloride battery factory proposed for New Mexico North America’s Desert Mountain Energy Corporation has signed a non-binding letter of intent to form a joint venture to build and operate a sodium-nickel-chloride (SNC) battery manufacturing plant in Roswell, New Mexico. As per the proposal, the facility would use produced water from oil and gas wells as part of a cooling and processing system intended to support battery production as well as a data center complex.
Blathnaid O’Dea
Dec 04, 2025
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Modo Energy raises $33M and sets out AI ambitions Venture capital firm Molten Ventures leads investment in global battery energy storage benchmarking business Modo Energy. Founded in the United Kingdom in 2019, Modo Energy has expanded to cover continental European markets, Australia and the United States.
Matthew Lynas
Dec 03, 2025
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462 storage projects totaling 7,614 MW are being processed in Spain 483 MW already have Administrative Construction Authorization, while 2,644 MW have obtained a favorable Environmental Impact Statement.
Pilar Sanchez Molina, Jose Pedrosa
Dec 03, 2025
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Malaysia’s 4 GW / 5.12 GWh solar-plus-storage complex gets World Bank funding The Southern Johor Renewable Energy Corridor (SJREC) will be developed as part of a $6 billion project for a 2,000 kilometer-squared hybrid solar and battery energy storage system zone connecting South East Asia.
Tristan Rayner
Dec 02, 2025
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Falling storage costs highlighted as India clears 600 MWh project for $75 million India advances its storage build-out with a 300 MW project in the state of Gujarat.
Tristan Rayner, Uma Gupta
Dec 02, 2025
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Canadian Solar consolidates US manufacturing under parent, including solar and storage By moving US manufacturing assets out from under its China-listed firm, while aiming to be a developer, a module manufacturer, and a battery producer, without the China-owned scrutiny.
Tristan Rayner
Dec 01, 2025
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US battery fleet grows 59% with nearly 14 GW added in 12 months, says EIA Data from the US Energy Information Administration (EIA) shows that battery energy storage and solar are dominating capacity additions, while fossil fuel capacity continues to net a decline. Another 22 GW of storage is projected for the coming year.
Tristan Rayner
Dec 01, 2025

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Battery shortage intensifies as 100 Ah cells sell out into 2026 Orders for small-format 100 Ah cells now stretch into early 2026, with prices up more than 20% as demand outpaces capacity despite aggressive expansion by Chinese battery majors.
Vincent Shaw
Oct 29, 2025
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Sardinia plans $34m renewables and storage tender for business The non-repayable awards available range from €20,000 ($23,270) to €500,000, if applicants choose the EU's General Block Exemption Regulation (GBER) regime.
Massimiliano Tripodo
Oct 28, 2025
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OMC Power, Honda Motor partner on energy storage solutions from repurposed EV batteries OMC Power, a distributed renewable energy (DRE) company targeting 1 GWp clean energy portfolio in India, and Honda Motor have partnered on innovative business models in energy storage and battery repurposing from the electric mobility ecosystem.
Uma Gupta
Oct 28, 2025
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Tesla Energy up 84%, 43.5 GWh deployed last 12 months, breakout Q4 quarter coming Tesla’s energy division continued its growth trajectory, marking its largest quarter yet as it deployed 12.5 GWh of energy storage while outlining plans for new factories and product lines.
John Fitzgerald Weaver
Oct 28, 2025
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Spanish large-scale energy storage call backs more than 11 GWh of projects Battery energy storage systems (BESS) accounted for 124 of 144 projects backed by European Regional Development Fund (ERDF) cash.
Pilar Sanchez Molina
Oct 27, 2025
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Foxconn expands into energy storage business with launch of Fox EnerStor brand The Taiwanese multinational electronics manufacturer has unveiled its first commercial, industrial (C&I), and utility-scale battery storage products.
Vincent Shaw
Oct 27, 2025
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Another 1.4 GWh of US energy storage, $350m of battery-related investment Utility Georgia Power is forging ahead with plans for battery energy storage systems (BESS), Canadian Solar-owned Recurrent Energy has secured $825m for a storage project and a solar site, and developer and battery materials firm Redwood Materials has attracted new investment.
Max Hall
Oct 24, 2025
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EBRD takes first merchant battery stake with $19.5m Croatia deal The European lender will take a €16.8m ($19.5m) stake in the IE-Energy Projekt in Šibenik, as part of €50.1m of announced funding for the up-to-60 MW battery energy storage system (BESS).
Max Hall
Oct 24, 2025
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Brazilian development bank lends Ion Energia $22m for BESS rollout The funds will back the rollout of storage systems without any capital costs for the customer.
Livia Neves
Oct 24, 2025

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